Located in the heart of Oman's industrial hub, Sohar Freezone, we proudly introduce Sohar Titanium (FZC) L.L.C. as the forefront producer of Titanium slag. Our manufacturing complex spans across an area of 160,000 square meters, operating within the dynamic landscape of Sohar. With an impressive annual production capacity of 150,000 metric tons, we stand as a significant player and the first of its kind in the industry. Sohar Titanium project is a strategic partnership between Minerals Development Oman (MDO), Dubal Holding and TI International through a special purpose vehicle Gulf Titanium.
Our production process revolves around the operation of three electric arc ore-thermal furnaces, each boasting an impressive capacity of 25.5 MVA. This innovative approach enables us to consistently deliver high-quality titanium slag, catering to diverse industrial needs and demands. We are diligently working towards the full ramp-up milestone. Our aim is to commence commercial shipments in the fourth quarter of 2024, aligning with our commitment to delivering exceptional quality and service within our anticipated timeline. Titanium is a naturally occurring element, and its primary source is various titanium minerals found in rocks and soils.
DH Investments, the investment arm of Dubal Holding, is wholly owned by Dubal Holding. Dubal Holding, in
turn, is a significant shareholder in Emirates Global Aluminium (EGA), a fully integrated aluminum facility
located in the United Arab Emirates (UAE). EGA ranks as the 4th largest aluminum company globally.
MDO (Mineral Development Oman)
MDO operates as a subsidiary of the Oman Investment Authority (OIA), which is the sovereign wealth fund of
Oman. MDO's primary focus revolves around the promotion of mining resources within Oman. It also
maintains an interest in strategic investments within the minerals and metals downstream industries.
TI International
TI International DMCC is a Dubai based investor
through a special purpose vehicle “Gulf Titanium DMCC” invested in
the Sohar Titanium (FZC) LLC. The promoters of the TI international
havewith a robust presence spanning over 30 years and a global players in titanium value chain. The group has experience and expertise in mining of Titanium minerals, manufacturing of Special (master) alloys for titanium industry, ferro alloys manufacturing and marketing worldwide.
Our Vision
To bring Oman into the Titanium world by positioning Sohar Titanium as a strategic driver for Oman's integration into the Titanium industry, enhancing economic robustness and aligning with the diversification goals outlined in the government's Vision 2040. Our vision entails substantial contributions to Oman's economic diversification by fostering sustainable growth within the Titanium sector, thereby advancing national prosperity and long-term economic resilience. To be the green innovator of the titanium industry.
To position Sohar Titanium as a strong competitor in the global titanium market, setting new standards by producing high-quality titanium leads the industry through the integration of cutting-edge technologies that not only reduce costs but also enhance efficiency and elevate the benchmarks for quality in titanium slag production. By significantly increasing our output, we aim to meet and surpass stakeholder needs and expectations, solidifying Sohar Titanium's standing as a leader in the titanium industry. Our mission goes beyond industry excellence; we are committed to cultivating a workplace where our employees, our most valuable assets, are empowered and motivated
Abdulla Jassem has held the position of Managing Director and Chief Executive
Officer at EGA since its establishment following the merger of DUBAL and EMAL in 2014.
His association with EGA dates back to its inception, and he actively contributes to the
organization by participating in three board committees. Mr. Kalban's journey began
when he was appointed as Chief Executive Officer of DUBAL in 2005, a role he later
expanded into as President and Chief Executive Officer in 2008.
Mr. Kalban's commitment to EGA and the aluminum industry started with his humble
beginnings as a graduate trainee at DUBAL in 1985. Over the years, he has demonstrated
remarkable dedication and leadership.
Furthermore, Mr. Kalban plays pivotal roles in several prominent organizations. He holds
the position of Chairman at Guinea Alumina Corporation, the Gulf Aluminium Council,
OSE Industries, and Sohar TITANIUM FZC LLC (Oman). He also serves as Vice Chairman of
DUBAL Holding and Etihad Water and Electricity Company. In addition, he sits on the
boards of Dubai International Financial Centre Investments, Dubai International Financial
Centre Authority, and Hamdan Bin Mohammed Smart University. His active involvement
extends to the Supreme Council of Energy in the UAE.
Nasser Saif Khalfan Al Maqbali
Nasser Al Maqbali is a seasoned executive and entrepreneur with a proven track record of
leading billion-dollar projects and organizations. As the CEO of MDO, he has demonstrated a
remarkable ability to create and successfully deliver results. Before assuming the role of CEO
at MDO, Nasser Al Maqbali held leadership positions in both the private and public sectors in
Oman. With over 30 years of experience, he has acquired a wealth of knowledge and
expertise, making him highly proficient in shaping and executing corporate strategies.
Mr. Al Maqbali earned his undergraduate degree from Salford University in the UK and
pursued a master's degree in civil engineering with a specialization in risk management at
Adelaide University in Australia. His educational background has equipped him with a strong
foundation in engineering and risk management.
In addition to his role at MDO, Nasser Al Maqbali serves as a board member for several
prominent companies, including Omran Hospitality Company, Tourism and Real Estate
Development Company, Duqm Frontier Town Development Company, and INSOFOM
Manufacturing Company. He also holds the position of Deputy Chairman at Al Baleed
Company, further demonstrating his leadership and commitment to various organizations.
Ahmad Bin Fahad
Ahmad Bin Fahad is a seasoned investment professional with over twenty
years of global investment experience, specializing in Business
Development, Mergers and Acquisitions, and JV Structures. Before joining
Dubal Holding, he served as Chief Executive Officer at Istithmar World
Ventures, Managing Director at Millennium Finance Corporation, and Chief
Investment Officer at Etisalat International Investment. Mr. Fahad also
gained experience in New York with Longwing Ventures. Academically, he
holds an MBA in Finance from Boston University, USA, a BSc in
International Business Management from the same institution, and a Post
Graduate Research Degree from the Institute of Islamic Finance, UK.
Jugendra Singh Raghav
Dr. Jugendra Singh Raghav, an accomplished individual with an extensive background,
embodies a remarkable blend of international collaborations, business acumen, and genuine
friendships. Born in 1959, he embarked on his journey from India to USSR in 1979. He
pursued his studies in Agriculture and successfully completed his PhD project during this
time.
Dr. Singh has many years of experience working with trading companies in different countries and gained lot of marketing experience. He founded in the beginning of 90's Stork International, later on Stork Group of companies. The Stork Group has been engaged in the titanium value chain. Dr. Singh is serving as Managing Director of the Stork Holding and served as the Board Member of the several group of companies.
Yousuf Abdulla Mohammed Bastaki
Yousuf Abdulla holds an Electrical Engineering degree from the University of Colorado at Denver, USA (1985), and an Executive MBA from the American University of Sharjah (2004). With 36 years of industrial experience primarily in project management, engineering, and executive leadership roles. Led teams that successfully executed numerous mega Greenfield and Brownfield expansion projects for Emirates Global Aluminium, valued at over $17 billion. Well-versed in the business environment of the UAE and extensive knowledge of the global industrial network. Strong leadership capabilities ensure deliverables are met within time and budget constraints. People-oriented, resourceful, and dedicated to achieving goals.
Professional memberships include Chartered Engineer (UK), Fellow of the International Institute of Engineering and Technology, Project Management Professional (PMP) from PMI International (USA), and Professional Engineer (EIT). Associated with many leading local academic institutions through advisory boards and technical committees, such as the Electrical Engineering and Mechanical Engineering Colleges at UAE University in Al Ain, Rochester Institute of Technology, and the American University of Sharjah. Active in the University Leadership Council, aiming to build the capacity of UAE youth. Served on the board of directors of Dubai Dry Dock from 2016 to 2018. Proficient in both Arabic and English literature, and contributed technical columns to local publications.
Shashidhar Yelandur Sethumadhavachar
Shashidhar Yelandur is a Business Development Advisor at DUBAL Holding – a wholly-owned subsidiary of Investment Corporation of Dubai (ICD). As an advisor on Business Development & Investments with specific focus on Non Ferrous Downstream and Recycling / Sustainability segment, the prime responsibilities include conducting research on new opportunities & approaching potential partners for JV, Team member in green field project development, working with teams on carrying out Due Diligence w.r.t Market, Commercial & technical aspects on potential acquisition targets as well as Monitoring & Advising the management on status of current on-going projects , updating on monthly performance overview of portfolio companies as well as work with the CXO team of portfolio companies in devising their broader strategy / road map as well as annual business plans etc.
Shashidhar has around 25 plus years of professional and managerial experience in business research , competitive benchmarking, corporate growth strategy , business planning etc mainly w.r.t assisting startups, medium and large companies & family groups in Middle East in supporting them towards development of growth, business, market entry, marketing, competitive, distribution and customer strategies.
He is presently on the board of couple of Aluminium Downstream portfolio companies in the Extrusion Sector viz OSE Industries – Dubai & Thermalex Inc – USA besides being the Board Member of Sohar Titanium as well as Chairman of the Financial & Commercial Committee of Sohar Titanium. He has a Master of Business Administration (MBA) degree from University of Poona & also a Bachelor of Engineering in Electronics & Communication from Mysore University- India.
Ma'an Abdullah Salim Al Salmi
Ma'an Al Salmi, an experienced investment professional,
serves as the Head of Business Development at Minerals Development
Oman (MDO). He holds an Executive MBA from the Vienna Business
School and a BSc in Electrical Power Engineering from Sultan Qaboos
University. Commencing his career at P3 Energy & Storage GmbH in
Germany, he later transitioned to Muscat National Development and
Investment Company (“ASAAS”). In his current capacity, he leads the
investment and asset management team, overseeing the development of
feasibility studies for new projects, fostering international partnerships, and
monitoring the performance of MDO's portfolio. Ma’an also represents
MDO as a board member in various subsidiaries and associated
companies.
Jasim Al Salti
Jasim Al Salti possesses advanced expertise in financial management and
strategic planning. Currently holding the position of Finance Manager at
Minerals Development Oman, he graduated with honors in Finance.
Additionally, he fulfills the role of Board Member at Sohar Titanium and
Ahjaar Mining Company. His previous experience includes employment at
Haya Water SAOC, the Ministry of Endorsement and Religious Affairs, V2
Trenching & Company LLC, and Star Shipping Services & Co. LLC.
Sandeep Mishra
Sandeep Mishra is a seasoned professional with varied accolades to his credit. He is on the Board of Services & Trade Group of companies. Services & Trade Mining Investment Co. LLC, Hydrocarbon Finder LLC, Services & Trade Marble & Mining Limited, Tanzania.
In 1988, joined TATA Steel, subsequently acquired experience through multiple roles across various corporate functions in TATA Steel, Mitsubishi Corporation (New Delhi & Tokyo), Jindal Steel- USA, Suhail Bahwan Group & Shanfari Group of Companies in Oman. Sandeep Mishra holds an MSc in Economics from the London School of Economics (LSE).
Before entering the corporate world in 1988, had a short stint with the Planning Commission, Govt. of India and with the World Bank, Mission in New Delhi as Consultant Economist.
Management Team
Dr. K V V Rama Rao -
General Manager
32 years (28 years in Titanium Related
Fields) of extensive experience through
strategic leadership in the Mining, Mineral
Processing and Metallurgical Industry.
As the Director of the business
development and Senior Vice Chairman of
the Stork group, had the responsibility of
business development strategy,
coordinated with all the group companies’
to develop the right teams, monitor the
business activates, set the business targets
and achieve them. As a part of Sourcing &
marketing of industrial minerals and metals
worldwide, established with the world
majors in the pigment industry long term
business relationship and supplied several
millions of tons of titanium ores on long
term contracts.
Developed projects from the concept to
execution through various cross functional
teams
Experience in handling the complete project
operations ( Heavy Mineral Sands) entailing
planning, resource utilization & manpower
management.
Fahad Al Kindi -
Projects Director
Fahad Al Kindi is an accomplished Project Director with over 21 years of experience in project management, engineering, and construction. He has successfully led and contributed to various industrial projects, including aluminum smelters, steel pellet plant, and petrochemical plants. Fahad’s expertise includes setting project objectives, managing budgets, mitigating risks, and ensuring effective communication among stakeholders. Currently, he is managing Sohar Titanium Project, leveraging his strong leadership skills and technical knowledge to drive project success. He holds an Executive MBA from the University of Bedfordshire and a bachelor’s degree in civil engineering from Sultan Qaboos University.
Hrishikesh Joshi -
Chief Financial Officer
Hrishikesh Joshi brings over 23 years of financial expertise to his role as CFO. He excels in guiding financial strategy, raising capital, and managing stakeholder relationships. With a rich background in investment banking and management consulting, he specializes in fund raising, debt restructuring and M&A activities across various sectors.
Prior to joining our team, Hrishikesh held senior roles in manufacturing companies, banks, and sovereign wealth funds, demonstrating his versatility and depth of knowledge. He holds a Master’s degree in Finance, further underpinning his commitment to excellence in the financial realm.
Basel Karkoutly -
Deputy Project Director
Basel Karkoutly serves as the Deputy Projects Director with 33 years of expertise primarily in Project Management and Execution. He has played a key role in the successful completion and delivery of multi-billion-dollar industrial projects. Additionally, he established the PMO (Processes & Procedures) within the Capital Projects Division and was leading a cross-functional team of professional Engineers to support successful projects execution.
We are always ready to help you and answer your questions